China Trade Ties Negotiations Launched

Negotiations between Georgia and China over free trade are set to be launched.

Prime Minister of Georgia, Irakli Garibashvili, will head a Georgian delegation to China to meet with high-ranking officials.

The governmental administration has said Georgia will be the first country in the region to try deepening its relationship with China. Intensifying relations between the two countries have been broadly discussed in the past.

Both sides have referred to the importance of the “Tbilisi Silk Road Forum” established following the Georgian Prime Minister’s new initiative. According to source, high ranking Chinese officials will be visiting Tbilisi in October.

China is one of the largest markets in the world. Trade flow between the two countries increased by 28% in 2014, making China one of Georgia’s closest economic partners.